Operating Income
MRSH Operating Income increased by 43.9% to $1.75B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.5%, from $2.01B to $1.75B. Over 4 years (FY 2021 to FY 2025), Operating Income shows an upward trend with a 9.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Detailed definition
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
Peer comparison
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
operating_incomeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.23B | $740.00M | $986.00M | $1.45B | $1.36B | $791.00M | $680.00M | $1.73B | $1.46B | $996.00M | $1.10B | $1.93B | $1.64B | $1.11B | $1.14B | $2.01B | $1.83B | $1.17B | $1.22B | $1.75B |
| QoQ Change | — | -39.7% | +33.2% | +46.6% | -5.6% | -42.0% | -14.0% | +153.8% | -15.6% | -31.6% | +10.7% | +74.5% | -14.7% | -32.5% | +3.1% | +75.6% | -8.8% | -36.0% | +4.2% | +43.9% |
| YoY Change | — | — | — | — | +11.1% | +6.9% | -31.0% | +19.4% | +6.8% | +25.9% | +62.2% | +11.5% | +12.7% | +11.2% | +3.5% | +4.2% | +11.4% | +5.6% | +6.7% | -12.5% |
Business Segments — Riskand Insurance Services
| Segment | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 |
|---|---|---|---|---|---|---|---|---|
| Consulting | $443.00M | $432.00M | $410.00M | $462.00M | $466.00M | $456.00M | $456.00M | $501.00M |
| Riskand Insurance Services | $753.00M | $1.57B | $1.30B | $733.00M | $770.00M | $1.61B | — | — |
| Total | $1.10B | $1.93B | $1.64B | $1.11B | $1.14B | $2.01B | $1.83B | $1.17B |
Consulting, Riskand Insurance Services were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — Risk and Insurance Services
| Segment | Q1 '26 |
|---|---|
| Risk and Insurance Services | $1.31B |
| Consulting | $525.00M |
| Total | $1.75B |
Operating Income at Other Companies
Frequently Asked Questions
- What is MRSH's operating income?
- MRSH (MRSH) reported operating income of $1.75B in Q1 2026.
- How has MRSH's operating income changed year-over-year?
- MRSH's operating income decreased by 12.5% year-over-year, from $2.01B to $1.75B.
- What is the long-term trend for MRSH's operating income?
- Over 4 years (2021 to 2025), MRSH's operating income has grown at a 9.6% compound annual growth rate (CAGR), from $4.31B to $6.22B.
- What does operating income mean?
- The profit a company makes from its core business operations before interest and taxes.